Pak court allows auctioning of former finance minister Dar's assets
An anti-corruption court in Pakistan on Tuesday directed authorities to auction the assets and seize the bank accounts of absconding former finance minister Ishaq Dar in a graft case filed against him in the Panama Papers scandal.
The case about owning "assets beyond known means of income" is among four graft cases filed by the National Accountability Bureau (NAB) following the Supreme Court's order of July 28 against Dar and ousted prime minister Nawaz Sharif and his family.
The decision came on an application filed by the NAB, seeking auction of Dar's assets and asking the court to appoint a beneficiary of recovered amount, Dawn newspaper reported.
The court said that the Punjab's provincial government will be responsible for auction. It empowered the provincial government to decide whether to sell or keep the seized assets, the report said.
Judge Mohammad Bashir had reserved the verdict on the application on Monday after the anti-graft watchdog submitted details of Dar's ...